Honeywell recently released the financial report for the fourth quarter of 2012 and the full year of 2012. The details are as follows:
In the fourth quarter of 2012, Honeywell’s net sales increased by 1.1% year-on-year to US$9.58 billion, and net sales during the same period of 2011 were US$9.47 billion; Honeywell’s total sales for 2012 totaled US$37.67 billion, compared to 2011. The 36.53 billion U.S. dollars increased by 3% to 37.67 billion U.S. dollars.
Honeywell’s fourth-quarter net profit reached US$255 million in the fourth quarter of 2011. It was at a loss in the fourth quarter of 2011, with a net loss of US$307 million; net profit for 2012 reached US$2.93 billion, a year-on-year increase of 41.3%. 2011 The annual net profit is 1.87 billion U.S. dollars.
In addition, Honeywell announced its expected revenue for this year, the company's 2013 sales are expected to reach 390 to 39.5 billion US dollars, an increase of 4% to 5%, operating profit margin is expected to be at 14.2% to 14.5%.
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